Potential of tourism, hospitality sectors immense: PM

Image
IANS New Delhi
Last Updated : Sep 25 2014 | 6:21 PM IST

Prime Minister Narendra Modi Thursday said there is "immense scope" for growth in the tourism and hospitality sectors.

"It is estimated that tourism sector is the fastest growing sectors in the world. Does India has the ability to capture it," Modi asked while launching the "Make in India" campaign designed to put India prominently on the global manufacturing map.

"Tourism and hospitality sectors have immense scope and a lot of avenues... If we want to develop tourism in the country, we need huge and better infrastructure," he said, urging industry leaders present to work towards exploiting all avenues.

Modi unveiled the ambitious scheme along with a logo, a dedicated portal and brochures on 25 identified growth sectors that included tourism and hospitality at the Vigyan Bhavan conference complex here.

The brochures provide details of growth drivers, investment opportunities, sector-specific foreign direct investment (FDI) and other policies and related agencies.

The corporate leaders pledged support for Modi's campaign.

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Sep 25 2014 | 6:16 PM IST

Next Story